10.16+/- Acre Multifamily Development Site - Sherman, TX

price

$4,900,000|Last Updated: Oct 2, 2025

MLS#1262461

location

West Travis Street, Sherman, Grayson County, Texas

Status:Active

Property Type

  • Acreage

Acreage

10.16 acres

County

Grayson

Format

Sale

Listing Courtesy of: Jordan Cortez, Vanguard Real Estsate Advisors

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 10.16+/- acre zoned multifamily development site located along West Travis Street in Sherman, TX (the “Site”). The zoning allows for 30 units per acre density for up to 304 units.

The Site is accessible via West Travis Street and less than half a mile west of US-75. This intersection boasts multiple national retailers such as Starbucks, McDonald’s, Whataburger, as well as a recently announced future HEB store which will be directly across the street. This offering is exceptionally well-located and is a great opportunity to acquire a zoned multifamily parcel at an attractive price of only $16,118 per developable unit.

To gain access to the Due Diligence Vault click on the link below:

https://docsend.com/view/s/iicr58nc4a7biyge

Deitra Robertson

Deitra Robertson Real Estate, Inc.

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